| Schedule of allowance for loan losses activity and balance |
| | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | | Real Estate | | | | | | | | | | | | | | | Construction & | | | | | | | | | | | | | | | | | | Land | | | | | | | | | | | | | Dollars in thousands | | Commercial | | Development | | Residential | | Commercial | | Consumer | | Total | Beginning balance, December 31, 2025 | | $ | 11,177 | | $ | 3,014 | | $ | 5,018 | | $ | 564 | | $ | 32 | | $ | 19,805 | Charge-offs | | | — | | | — | | | — | | | (172) | | | — | | | (172) | Recoveries | | | — | | | — | | | — | | | 36 | | | — | | | 36 | Provision for (recovery of) credit losses | | | (206) | | | (501) | | | 641 | | | 226 | | | (30) | | | 130 | Ending balance, September 30, 2026 | | $ | 10,971 | | $ | 2,513 | | $ | 5,659 | | $ | 654 | | $ | 2 | | $ | 19,799 |
| | | | | | | | | | | | | | | | | | | | | September 30, 2025 | | | Real Estate | | | | | | | | | | | | | | | Construction & | | | | | | | | | | | | | | | | | | Land | | | | | | | | | | | | | Dollars in thousands | | Commercial | | Development | | Residential | | Commercial | | Consumer | | Total | Beginning balance, December 31, 2024 | | $ | 11,732 | | $ | 1,761 | | $ | 4,594 | | $ | 548 | | $ | 80 | | $ | 18,715 | Charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | Recoveries | | | — | | | — | | | — | | | 2 | | | — | | | 2 | Provision for (recovery of) credit losses | | | 101 | | | 513 | | | 373 | | | 17 | | | (7) | | | 997 | Ending balance, September 30, 2025 | | $ | 11,833 | | $ | 2,274 | | $ | 4,967 | | $ | 567 | | $ | 73 | | $ | 19,714 |
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| Schedule of past due and non-accrual loans |
| | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | | 30-59 Days | | 60-89 Days | | 90 Days or More | | | | | Total Past | | | | | | | | | Past | | Past | | Past Due and | | Nonaccrual | | Due and | | | | | Total | (Dollars in thousands) | | Due | | Due | | Still Accruing | | Loans | | Nonaccrual Loans | | Current | | Loans | Real Estate Loans | | | | | | | | | | | | | | | | | | | | | | Commercial | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 1,214,744 | | $ | 1,214,744 | Construction and land development | | | — | | | — | | | — | | | — | | | — | | | 199,882 | | | 199,882 | Residential | | | — | | | — | | | — | | | — | | | — | | | 541,314 | | | 541,314 | Commercial | | | — | | | — | | | — | | | 267 | | | 267 | | | 48,324 | | | 48,591 | Consumer | | | — | | | — | | | — | | | — | | | — | | | 705 | | | 705 | Total Loans | | $ | — | | $ | — | | $ | — | | $ | 267 | | $ | 267 | | $ | 2,004,969 | | $ | 2,005,236 |
| | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | 30-59 Days | | 60-89 Days | | 90 Days or More | | | | | Total Past | | | | | | | | | Past | | Past | | Past Due and | | Nonaccrual | | Due and | | | | | Total | (Dollars in thousands) | | Due | | Due | | Still Accruing | | Loans | | Nonaccrual Loans | | Current | | Loans | Real Estate Loans | | | | | | | | | | | | | | | | | | | | | | Commercial | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 1,173,617 | | $ | 1,173,617 | Construction and land development | | | — | | | — | | | — | | | — | | | — | | | 222,659 | | | 222,659 | Residential | | | 370 | | | 756 | | | — | | | — | | | 1,126 | | | 521,864 | | | 522,990 | Commercial | | | — | | | — | | | 1,084 | | | — | | | 1,084 | | | 48,883 | | | 49,967 | Consumer | | | — | | | — | | | — | | | — | | | — | | | 1,043 | | | 1,043 | Total Loans | | $ | 370 | | $ | 756 | | $ | 1,084 | | $ | — | | $ | 2,210 | | $ | 1,968,066 | | $ | 1,970,276 |
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| Schedule of credit quality indicators |
The following table presents the Company’s recorded investment in loans by credit quality indicator by year of origination as of September 30, 2026. | | | | | | | | | | | | | | | | | | | | | | | | | | | Term Loans by Year of Origination | | | | | | | (Dollars in thousands) | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Revolving | | Total | Real Estate Loans - Commercial | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 67,033 | | $ | 113,755 | | $ | 153,077 | | $ | 78,263 | | $ | 244,510 | | $ | 539,080 | | $ | 6,479 | | $ | 1,202,197 | Special mention | | | — | | | — | | | — | | | — | | | 12,547 | | | — | | | — | | | 12,547 | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Commercial | | $ | 67,033 | | $ | 113,755 | | $ | 153,077 | | $ | 78,263 | | $ | 257,057 | | $ | 539,080 | | $ | 6,479 | | $ | 1,214,744 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate Loans - Construction and land development | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 36,306 | | $ | 83,902 | | $ | 25,029 | | $ | 4,967 | | $ | 10,014 | | $ | 4,250 | | $ | 35,414 | | $ | 199,882 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Construction and land development | | $ | 36,306 | | $ | 83,902 | | $ | 25,029 | | $ | 4,967 | | $ | 10,014 | | $ | 4,250 | | $ | 35,414 | | $ | 199,882 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate Loans - Residential | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 65,658 | | $ | 81,002 | | $ | 22,797 | | $ | 49,148 | | $ | 93,172 | | $ | 199,954 | | $ | 29,145 | | $ | 540,876 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | 438 | | | — | | | 438 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Residential | | $ | 65,658 | | $ | 81,002 | | $ | 22,797 | | $ | 49,148 | | $ | 93,172 | | $ | 200,392 | | $ | 29,145 | | $ | 541,314 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial Loans | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 9,151 | | $ | 8,115 | | $ | 3,684 | | $ | 2,500 | | $ | 2,313 | | $ | 5,688 | | $ | 16,873 | | $ | 48,324 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | 267 | | | — | | | — | | | — | | | — | | | — | | | 267 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Commercial Loans | | $ | 9,151 | | $ | 8,382 | | $ | 3,684 | | $ | 2,500 | | $ | 2,313 | | $ | 5,688 | | $ | 16,873 | | $ | 48,591 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | 172 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 172 | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer Loans | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 133 | | $ | 15 | | $ | 515 | | $ | 27 | | $ | — | | $ | — | | $ | 15 | | $ | 705 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Consumer Loans | | $ | 133 | | $ | 15 | | $ | 515 | | $ | 27 | | $ | — | | $ | — | | $ | 15 | | $ | 705 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — |
The following table presents the Company’s recorded investment in loans by credit quality indicator by year of origination as of December 31, 2025. | | | | | | | | | | | | | | | | | | | | | | | | | | | Term Loans by Year of Origination | | | | | | | (Dollars in thousands) | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Revolving | | Total | Real Estate Loans - Commercial | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 108,904 | | $ | 146,921 | | $ | 67,298 | | $ | 259,998 | | $ | 152,295 | | $ | 420,305 | | $ | 5,224 | | $ | 1,160,945 | Special mention | | | — | | | — | | | — | | | 12,672 | | | — | | | — | | | — | | | 12,672 | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Commercial | | $ | 108,904 | | $ | 146,921 | | $ | 67,298 | | $ | 272,670 | | $ | 152,295 | | $ | 420,305 | | $ | 5,224 | | $ | 1,173,617 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate Loans - Construction and land development | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 72,568 | | $ | 66,800 | | $ | 22,339 | | $ | 14,925 | | $ | 773 | | $ | 13,355 | | $ | 30,815 | | $ | 221,575 | Special mention | | | — | | | — | | | — | | | — | | | — | | | 1,084 | | | — | | | 1,084 | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Construction and land development | | $ | 72,568 | | $ | 66,800 | | $ | 22,339 | | $ | 14,925 | | $ | 773 | | $ | 14,439 | | $ | 30,815 | | $ | 222,659 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate Loans - Residential | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 92,918 | | $ | 27,336 | | $ | 59,483 | | $ | 99,049 | | $ | 109,931 | | $ | 107,162 | | $ | 26,355 | | $ | 522,234 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | 756 | | | — | | | 756 | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Real Estate Loans - Residential | | $ | 92,918 | | $ | 27,336 | | $ | 59,483 | | $ | 99,049 | | $ | 109,931 | | $ | 107,918 | | $ | 26,355 | | $ | 522,990 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial Loans | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 9,952 | | $ | 4,277 | | $ | 3,254 | | $ | 2,948 | | $ | 618 | | $ | 6,202 | | $ | 21,632 | | $ | 48,883 | Special mention | | | — | | | — | | | — | | | 1,084 | | | — | | | — | | | — | | | 1,084 | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Commercial Loans | | $ | 9,952 | | $ | 4,277 | | $ | 3,254 | | $ | 4,032 | | $ | 618 | | $ | 6,202 | | $ | 21,632 | | $ | 49,967 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | 361 | | $ | — | | $ | — | | $ | — | | $ | 361 | | | | | | | | | | | | | | | | | | | | | | | | | | Consumer Loans | | | | | | | | | | | | | | | | | | | | | | | | | Pass | | $ | 463 | | $ | 529 | | $ | 36 | | $ | — | | $ | — | | $ | — | | $ | 15 | | $ | 1,043 | Special mention | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Substandard | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Doubtful | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Loss | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Total Consumer Loans | | $ | 463 | | $ | 529 | | $ | 36 | | $ | — | | $ | — | | $ | — | | $ | 15 | | $ | 1,043 | | | | | | | | | | | | | | | | | | | | | | | | | | Current period gross write-offs | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — |
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